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what about chrysler isn't that a foreign car? >> of course we would be buying. >> is chrysler a foreign car company it is owned by fiat. >> all of the companies are world car companies. we are a global economy. the issue is should government guarantee it. yes. in the case of guarantee. look what happened in wall street. the private sector didn't save bear sterns or fannie mae or freddie mac. the government had to step in . fannie mae and freddie mac were government guaranteed. >> can we focus here? we have to save the american companies to keep them american and now chrysler is owned by fiat. >> the president had his own problem with reality. i am not for ball identities or guarantee. instead of things done for economic purposes they are done for political purpose. look how tax paters are hose the stock is down and equities in general are up. and there is a myth if gm shut down and never open all of the jobs would have lost. capitol in gm , be reallocate many other jobs would be created in the economy. they weaken automakerings.
what about chrysler isn't that a foreign car? >> of course we would be buying. >> is chrysler a foreign car company it is owned by fiat. >> all of the companies are world car companies. we are a global economy. the issue is should government guarantee it. yes. in the case of guarantee. look what happened in wall street. the private sector didn't save bear sterns or fannie mae or freddie mac. the government had to step in . fannie mae and freddie mac were government guaranteed....
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Oct 27, 2012
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now, chrysler responded to this controversy. i want you to pay close attention to what a corporation said about what mitt romney said. first they start out saying, let's set the record straight. jeep has no intention of shifting production of its jeep models out of north america to china. it's simply reviewing the opportunities to return jeep output to china for the world's largest auto market. u.s. jeep assembly lines will continue to stay in operation, a careful and unbiased reading of the bloomberg take would have saved unnecessary fantasies and extravagant comments. you know what, folks? i don't think the obama campaign could have written that release any better. but that came from chrysler, ripping on mitt romney. in fact, mitt romney's entire campaign is about unnecessary fantasies and extravagant comments. his lie about chrysler was not only dishonest, it was irresponsible. romney said hundreds of jobs were at stake with no facts whatsoever to support his claim. where does he get his information. what kind of president is
now, chrysler responded to this controversy. i want you to pay close attention to what a corporation said about what mitt romney said. first they start out saying, let's set the record straight. jeep has no intention of shifting production of its jeep models out of north america to china. it's simply reviewing the opportunities to return jeep output to china for the world's largest auto market. u.s. jeep assembly lines will continue to stay in operation, a careful and unbiased reading of the...
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Oct 27, 2012
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chrysler is investing half a billion in its toledo plant. but mitt romney got up that said defiance, ohio and says they are moving all their jobs. it's embarrassing for mr. romney. why would mitt romney get up in front of 12,000 people in ohio and tell them the auto bailout hasn't helped you at all. your jobs are going to china. i read it somewhere. where's the story? we found it. he was apparently trolling the nether regions of the right-wing press. he found it on a washington examiner blog post, which reported, quote, jeep, an obama favorite, looks to shift production to china. a move that would crash the economy in toledo. this is a misreading of a bloomberg report that was reporting good news. global demand for jeep has risen to the point where they can sell more in china and wants to build jeeps for china in china. this is good news for an american company, not bad news. they are not shipping american jobs overseas. this doesn't mean less work for americans. this means they are adding, they are expanding overseas. thanks to the auto bai
chrysler is investing half a billion in its toledo plant. but mitt romney got up that said defiance, ohio and says they are moving all their jobs. it's embarrassing for mr. romney. why would mitt romney get up in front of 12,000 people in ohio and tell them the auto bailout hasn't helped you at all. your jobs are going to china. i read it somewhere. where's the story? we found it. he was apparently trolling the nether regions of the right-wing press. he found it on a washington examiner blog...
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Oct 27, 2012
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and chrysler says it could hire almost as many people at another plant in warren, michigan. in ohio crisler is investing half a billion dollars in its toledo plant and hiring 1100 workers. but mitt romney got up that said defiance, ohio, and said he read somewhere that jeep is moving all of its production jobs to china. all of them. that's ridiculous. what is he talking about? it's embarrassing for mr. romney, right? why on god's great campaign trail would mitt romney get up in front of 12,000 people in ohio and tell them the auto bailout actually hasn't helped you at all. your jobs making jeeps are going to china. i read it somewhere. where's this story he said he read somewhere? we found it. here it is. he was apparently trolling the nether regions of the right-wing press. he found it on a washington examiner blog post, which reported, quote, jeep, an obama favorite, looks to shift production to china. a move that would crash the economy in toledo. is this true? this is not true. this is a conservative blogger's misreading of a bloomberg report that actually was reporting
and chrysler says it could hire almost as many people at another plant in warren, michigan. in ohio crisler is investing half a billion dollars in its toledo plant and hiring 1100 workers. but mitt romney got up that said defiance, ohio, and said he read somewhere that jeep is moving all of its production jobs to china. all of them. that's ridiculous. what is he talking about? it's embarrassing for mr. romney, right? why on god's great campaign trail would mitt romney get up in front of 12,000...
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Oct 27, 2012
10/12
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he said chrysler was thinking about moving its jeep operations to china. that was despite the fact that chrysler had come out with a statement on its website saying no, that is not the case, they are not moving its operations of jeep over to china. so it is a sign that yes, they are concerned about that position on the auto bailout and he is getting pounded relentlessly on the airwaves with obama campaign ads talking about that very stance. >> brianna, you say the obama campaign is pleased with where they are in ohio. in terms of their ground game, in terms of the number of people they have on the ground in ohio, how does it compare to romney campaign? >> compared to the romney campaign, i think they would say that they are doing better in terms of their ground game. they say this about a lot of battleground states because they've had this in place for years now, since the last election, and it never really went away. so this is something they are emphasizing now and the strategy for president obama is really to show up, to visit. he will be traveling mond
he said chrysler was thinking about moving its jeep operations to china. that was despite the fact that chrysler had come out with a statement on its website saying no, that is not the case, they are not moving its operations of jeep over to china. so it is a sign that yes, they are concerned about that position on the auto bailout and he is getting pounded relentlessly on the airwaves with obama campaign ads talking about that very stance. >> brianna, you say the obama campaign is...
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Oct 27, 2012
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mitt romney was the first guy-- barack obama took gm and chrysler through bankruptcy. mitt romney was for guaranteeing loans, and they're still trying to explain it. and he's very much on the defensive. so obama is running better with whites and white males in ohio than he is elsewhere, in large part because of the auto bailout and they've got a great ground game in ohio too. >> we should emphasize it's not a slam-dunk for obama. if you look at the polls it's been a very steady two point advantage. >> uh-huh. >> in the state for obama. and one of the oddities of the race so far is that the national numbers probably a slight romney favorite right now, the state numbers like ohio, and obama favored. and i don't know too many experienced political hands who expect that to continue, that you get at this junction between the national numbers and some of these swing state numbers. usually they come together. it's possible that if say romney gets a plurality or a majority of 50.6, it's possible to see him losing the electoral college. if he's up over 51 or 52, it's hard to re
mitt romney was the first guy-- barack obama took gm and chrysler through bankruptcy. mitt romney was for guaranteeing loans, and they're still trying to explain it. and he's very much on the defensive. so obama is running better with whites and white males in ohio than he is elsewhere, in large part because of the auto bailout and they've got a great ground game in ohio too. >> we should emphasize it's not a slam-dunk for obama. if you look at the polls it's been a very steady two point...
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Oct 27, 2012
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a tax-free zone in china which means they can -- chrysler could set up shop. basically be part of that tax-free area, and so that third advantage is a big tax advantage. neil: but think about what your saying. all makes perfect business sense, but the president in all of these debates with mitt romney has been saying you want ship these jobs of the china. here we have bailed out of the company's who we were told, you get this money, save american jobs. we literally are, after all of that, shipping those jobs to china. maybe the right and apparent big macro reasons, but to belittle mitt romney and to say that that is what you're all about, this isn't about casting aspersions on democrats or republicans. if it was a potential i think people would have said, no way in hell. that's what' happening. >> it's a classic example. with all due respect, president obama i obviously doesn't understand how our multinational company works. there is a board of directors, executives. they are responsible to shareholders to make wise decisions on how to run the operatiin. in fa
a tax-free zone in china which means they can -- chrysler could set up shop. basically be part of that tax-free area, and so that third advantage is a big tax advantage. neil: but think about what your saying. all makes perfect business sense, but the president in all of these debates with mitt romney has been saying you want ship these jobs of the china. here we have bailed out of the company's who we were told, you get this money, save american jobs. we literally are, after all of that,...
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Oct 27, 2012
10/12
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so chrysler corporation then issues this statement. jeep has no intention of shifting production of its jeep models out of north america to china. it's simply reviewing the opportunities to return jeep output to china for the world's largest auto market. a careful and unbiassed reading of the bloomberg take would have saved unnecessary fantasies. so bloomberg had this piece about moving jobs to china. they weren't saying that. they were saying maybe they could expand and do some business in china. >> it's actually a success sorry. >> you have this giant corporation who is uninhibited about referring to what romney is saying about unnecessary fantasies. >> i've got to tell you i'm not polly anna here. but the way that mitt romney has run this campaign, has been disgusting. no regard for the facts. no regard for the truth. willing to say anything just as you were alluding to with john sununu, willing to say anything that serves his purpose at the moment and relying on the fact that he's not going to get called out on it and most people a
so chrysler corporation then issues this statement. jeep has no intention of shifting production of its jeep models out of north america to china. it's simply reviewing the opportunities to return jeep output to china for the world's largest auto market. a careful and unbiassed reading of the bloomberg take would have saved unnecessary fantasies. so bloomberg had this piece about moving jobs to china. they weren't saying that. they were saying maybe they could expand and do some business in...
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Oct 27, 2012
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he said if gm and chrysler had gone into a free fall bankruptcy, they would have taken the entire supply chain and auto agency with it. he said that in 2010. so that's really what -- >> speculation is not accurate. >> it is because there was no way that private capital were going to keep those companies alive into a chapter 11 reorganization. they would have gone into liquidation. we would have lost not only those two companies, but the supply chain. >> what he said, these are his words, the american auto industry is vital to our national interest as employer and hub for manufacturing, a managed bankruptcy may be the only path the industry needs. ultimately, isn't that what happened? a managed bankruptcy by the u.s. government. >> a lot of help by the u.s. government and they would have never gotten there. the group working on this, went to his old company and said would you put some money in this in front of the bankruptcy. they said no. i think the u.s. had to step in at that paint and the taxpayers are going to get all or most of their money back as a result. >> i don't know about gm.
he said if gm and chrysler had gone into a free fall bankruptcy, they would have taken the entire supply chain and auto agency with it. he said that in 2010. so that's really what -- >> speculation is not accurate. >> it is because there was no way that private capital were going to keep those companies alive into a chapter 11 reorganization. they would have gone into liquidation. we would have lost not only those two companies, but the supply chain. >> what he said, these are...
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Oct 27, 2012
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and chrysler. and so he's got to somehow get voters to look past that, that he would be a supportive president of union workers in this state. as you mentioned, governor romney is down in florida today. we are expected after this bus tour to head down there as well. but right now the polls are looking in the president's favor. the latest cnn poll has the president up 50-46. there's still some work to be done here but we can tell you that the folks who are showing up for these republican events are very energized, they are very enthused about their ticket. and now as a matter of seeing, alex, who's got the better ground game. democrats or republicans. we'll know in ten days. >> we will certainly indeed. thank you so much ron mott. safe travels on the bus tour. >>> next up we turn to nbc's kristin welker who's in new hampshire with the the president. hello to you, kristin. before we get to the president's campaign event there, is hurricane sandy affecting the white house plans at all? >> reporter: ab
and chrysler. and so he's got to somehow get voters to look past that, that he would be a supportive president of union workers in this state. as you mentioned, governor romney is down in florida today. we are expected after this bus tour to head down there as well. but right now the polls are looking in the president's favor. the latest cnn poll has the president up 50-46. there's still some work to be done here but we can tell you that the folks who are showing up for these republican events...